Podcast appearances and mentions of albert lu

Sign up for my free weekly newsletter. _ Albert Lu is the founder and president of Luma Financial, an investment advisory firm focused on long-term growth for client portfolios — achieved through a long-only, diversified strategy incorporating a wide range of asset classes, including equities, bonds, and precious metals. Mr. Lu is also the producer of the Rule Classroom, a free online resource for natural resource investors and speculators. He is a speaker, emcee, and moderator at industry investment conferences and events. Previously, he was the president and CEO of Sprott U.S. Media Inc. and an investment adviser with Sprott Asset Management. Mr. Lu has also served as the managing director of WB Advisors, LLC, a Houston-based retail financial advisor, and the producer of The Power & Market Report, a weekly online market news and opinion program.  _ Host: Ben Mumme Twitter Medium YouTube Instagram Website LinkedIn _ Guest: Albert Lu YouTube Website LinkedIn Twitter

This episode we have another special guest, Albert Lu from Audacious CrossFit. Albert has studied the POSE method from Dr. Romanav and has used it to help his clients achieve better running mechanics as well as better movement patterns You can find him on instagram @audaciouscrossfit and audaciouscrossfit.com

Albert Lu of Luma Financial joins the podcast to discuss market trends in gold, commodities, and more. Albert questions market optimism, gives his thoughts on how rates are impacting different sectors, and where pressure is building for potential explosive upside.

Economic data and the job market keep rebutting the official narrative inflation is transitory. Albert Lu, founder and CEO of Luma Financial, argues higher inflation is coming as the Federal Reserve's usual tools become ineffective. In our weekly sponsor segment with Inventa Capital, president and CEO of Tarachi Gold (CSE: TRG), Cameron Tymstra, celebrates the high-grade assay results from the firm's Magistral gold project in Mexico and explains the next steps toward commercial production. Show notes: https://goldnewsletter.com/podcast/how-fed-downplayed-concealed-inflation/

Joining us for a conversation is Jayant Bhandari, the founder of Capitalism and Morality, as we will discuss a number of topics in this action-packed interview: TIMESTAMP: :26 - Introduction 3:45- Who is to blame for the Racial and Class Warfare in America 6:52 - What lessons we can learn from the relationship between the Media & President Trump 8:11 - Looking back on the successes of the Trump Administration 10:37 - How will American change under a President Biden 13:42 - Constrained versus Unconstrained Visions for the United States (Reparations) 16:48 - Wealth Confiscation 18:28 - Is the Green Deal a Buy or Sell 20:42- Why are precious metals paramount at times like today 22:07 - Which metals are Jayant buying right now gold, silver, platinum, palladium, or rhodium 25:34 - Which Resources Stocks is Jayant buying right now 31:26 - Are there any Arbitrage Opportunities right now 31:55 - Capitalism and Morality 33:29 - What Keep you up at night that we don't know about 35:00 - What did I forget to ask Website: http://jayantbhandari.com/capitalism-morality/capitalism-morality-2021/ Promo Code: P&P Featuring: Rick Rule, Doug Casey, Brien Leni, Albert Lu, Frank Raymond, Lilija Valis, Daniel Lu, Jayant Bhandari Website| www.provenandprobable.com Call me directly at 855.505.1900 or email: Maurice@MilesFranklin.com Precious Metals FAQ - https://www.milesfranklin.com/faq-maurice/ Proven and Probable Where we deliver Mining Insights & Bullion Sales. I'm a licensed broker for Miles Franklin Precious Metals Investments (https://www.milesfranklin.com/contact/) Where we provide unlimited options to expand your precious metals portfolio, from physical delivery, offshore depositories, and precious metals IRA's. Call me directly at (855) 505-1900 or you may email maurice@milesfranklin.com. Proven and Probable provides insights on mining companies, junior miners, gold mining stocks, uranium, silver, platinum, zinc & copper mining stocks, silver and gold bullion in Canada, the US, Australia, and beyond.

Joining us for a conversation is Jayant Bhandari, the founder of Capitalism and Morality, as we will discuss a number of topics in this action-packed interview: TIMESTAMP: :26 - Introduction 3:45- Who is to blame for the Racial and Class Warfare in America 6:52 - What lessons we can learn from the relationship between the Media & President Trump 8:11 - Looking back on the successes of the Trump Administration 10:37 - How will American change under a President Biden 13:42 - Constrained versus Unconstrained Visions for the United States (Reparations) 16:48 - Wealth Confiscation 18:28 - Is the Green Deal a Buy or Sell 20:42- Why are precious metals paramount at times like today 22:07 - Which metals are Jayant buying right now gold, silver, platinum, palladium, or rhodium 25:34 - Which Resources Stocks is Jayant buying right now 31:26 - Are there any Arbitrage Opportunities right now 31:55 - Capitalism and Morality 33:29 - What Keep you up at night that we don't know about 35:00 - What did I forget to ask Website: jayantbhandari.com/capitalism-mora…-morality-2021/ Promo Code: P&P Featuring: Rick Rule, Doug Casey, Brien Leni, Albert Lu, Frank Raymond, Lilija Valis, Daniel Lu, Jayant Bhandari Website| www.provenandprobable.com Call me directly at 855.505.1900 or email: Maurice@MilesFranklin.com Precious Metals FAQ - www.milesfranklin.com/faq-maurice/ Proven and Probable Where we deliver Mining Insights & Bullion Sales. I'm a licensed broker for Miles Franklin Precious Metals Investments (www.milesfranklin.com/contact/) Where we provide unlimited options to expand your precious metals portfolio, from physical delivery, offshore depositories, and precious metals IRA's. Call me directly at (855) 505-1900 or you may email maurice@milesfranklin.com. Proven and Probable provides insights on mining companies, junior miners, gold mining stocks, uranium, silver, platinum, zinc & copper mining stocks, silver and gold bullion in Canada, the US, Australia, and beyond.

Join Peter Schiff and Albert Lu at the Virtual 2020 New Orleans Investment Conference, October 14-17. Details at: https://neworleansconference.com/wp-c... Recorded October 1, 2020 Peter Schiff is Chief Economist and Global Strategist at Euro Pacific Capital. Contact: http://europac.com The Show: Albert Lu is the creator and host of The Power & Market Report, a market news and opinion videocast. Send your comments and questions to Albert on social media: Twitter: @albertklu Instagram: /powerandmarket http://albertklu.com

Join Peter Schiff and Albert Lu at the Virtual 2020 New Orleans Investment Conference, October 14-17. Details at: https://neworleansconference.com/wp-content/uploads/2020/09/NOICAlbertLu.html Recorded October 1, 2020 Peter Schiff is Chief Economist and Global Strategist at Euro Pacific Capital. Contact: http://europac.com The Show: Albert Lu is the creator and host of The Power & Market Report, a market news and opinion videocast. Send your comments and questions to Albert on social media: Twitter: @albertklu Instagram: /powerandmarket http://albertklu.com

In this week's episode, I am joined by Albert Lu to help break down The Watershed Method. It is a list of questions that if done with enough intention, will empower an individual to achieve their goals. Here is the list of questions.1. What do you want to accomplish?2. How important is it/What is the biggest difference that this will make?3. What does the finished product look/feel like?4. What is the success criteria/What has to be true when finished?5. What is the best result if you do take action? 6. What is the worst result if you do not take action?Remember. This is effective if you workshop through this a few times to make sure that your response is in depth. If you stay on the surface you will never see what you are truly capable of.Shit or get off the pot!Want help through this? Reach out to us immediately. Taking action is too important. Do not delay!

https://youtu.be/qPnk57P2dhM Recorded on: January 9, 2020 Ben Hunt, the co-founder of Second Foundation Partners, joins the show. Topics: Bitcoin, central banks, boom bust cycles, and how they all relate to his small family farm Twitter @epsilontheory SHOW TRANSCRIPT (edited) Albert Lu: From the NXT Studios in Southern California, this is the Power & Market Report. I'm your host Albert Lu. My guest today is Ben Hunt. He's the co-founder of Second Foundation Partners, the publisher of Epsilon Theory, an online source for financial market commentary. Ben, this is your first time on the Power & Market Report. Thanks very much for joining me today. How are you? Ben Hunt: It's great to be here. Thanks for having me. AL: Ben we met, sort of briefly, a little over a year ago at the New Orleans conference, when I was moderating a panel that you participated in with Peter Schiff and Mike Larson. I thought your ideas were very interesting. Unfortunately, we were sharing the time, of course, with other people. I didn't get a chance to delve deeper, so I was hoping to take this opportunity to delve deeper into your thoughts and maybe how they've changed in the last year and a half for my own edification. I want to say, as we start, that I wasn't familiar with your work prior to New Orleans, so in preparation for that panel I did do a little homework and came across your interview with Grant Williams of Real Vision. I'm a big fan of Grant and what he and Raoul are doing over there, and I thought it was just a splendid interview, really nice. Maybe share with the viewers first what you do, but also your background as what you called, I think, a dilettante farmer. Get into that a little bit. BA: That's me. That's me. You know, I've done a lot of different things in my life. You know, my wife says I can't keep a job. So that’s what’s been the, I'll say, the strand that goes through all of them — trying to be … I'm a puzzle solver. I like to figure out puzzles. And, you know, I started as an academic. I got my PhD in political science, of all oxymorons. And because they're trying to figure out the puzzle of, you know — how do countries interact with each other, right, or how do voters, as in sort of the behavior of crowds, how does that work? And, for ten years I was in academia — I was a professor. And, you know, the issues I wrote on — the research I did was trying to figure out how are crowds, in this case, voting crowds, how are they impacted by the words we hear, the stories we are told, right, the narratives as I like to describe them? The problem, of course, with academia, is that the puzzles you're trying to solve, you’re locked in your little garret, and you're publishing it, maybe, to a very small audience. And so, I always was interested in a much larger puzzle, which is the puzzle of markets, the game of markets. So, I had the opportunity to leave academia, first with starting a software company. We did well with that — sold that. Then I got into the investment world, first from venture capital, some private equity, but finally into public markets, I say the biggest game of them all. And, trying to understand that puzzle, ran a hedge fund for seven or eight years. We got that up to about a billion dollars and never lost money for clients, and still very proud of that. Had a tremendous year in 2008. But from March of 2009 onwards, it was like you went to the switch on the wall and you flipped off the lights. Returns really flat-lined. They say we never lost money, but the investment world really changed. I can point to the date in March of 2009 when I'll say, not just, the Federal Reserve, but central banks all over the world, took this very interventionist policy, I think probably smartly, rightly in March of 2009. But what do you see both in our recent past, but also in every time when you have these emergency government actions, they always become permanent government policy. And, that's certainly what we've endured over the last decade in markets. It's what we endured in my hedge fund, where the fundamentals didn't seem to matter anymore. And, they say, didn't seem to matter — they really didn't matter anymore. So, you know, we gave all the money back to our clients and I decided I'd really take some time off to try to figure this out. You know, what does matter today, in either of managing other people's money or investing our own money? And, that's why I started writing Epsilon Theory. I'll get back to, and we tell what that means: Epsilon Theory. But, the whole idea of Epsilon Theory is that, it's not alpha and beta — it's not looking at the fundamentals of this or the, in terms of beta, the overall market of that. What is really driving both our political, but also our investment games today, I think, is that first research puzzle of mine, the use of narratives — the way that we, as a crowd of in this case investors, respond in systematic ways to what we are told, whether it's called forward guidance from central banks, whether it's Trump tweets, whether it's Cramer on CNBC, you know? We’re immersed in this ocean of messages and stories and narratives to a degree that, you know, I don't think has ever existed. And so, that's the puzzle I'm trying to figure out. That's the puzzle that I write about. It's to focus, not on the fundamentals, but actually on the narratives, because I really believe, more and more, that's the answer for figuring out the game of markets. That's what I do. That's what I do, Albert. AL: I think, and tell me whether or not you agree with this, Ben, but the reason that narratives have become so important, and I do agree with you on that point, is because the Federal Reserve and the federal government — you know, together controlling fiscal and monetary policy — wield so much power, and they are accountable in some sense to public opinion, and public opinion is swayed by narrative. So, you don't have independent investors — you have one big investor in the Federal Reserve that can buy trillions and trillions of securities. And then, you have a taxing authority that can tax and spend on things. And they just make too big of a splash, so you have to respect that. Do you agree with that? BH: Well, I do, Albert. But I would go even farther frankly, because it's not just, what I'll call, the mechanistic impact of, in the case, central banks buying securities — you know, adding to their balance sheet by buying financial assets. Yes, that has an impact right. It is the tide that lifts all boats. It is the avowed purpose of large-scale asset purchases. But, what I think is even more important today than the mechanistic impact of the actual purchasing of securities is, what I'll call, what we would call in game theory, the common knowledge game — the role of words, of forward guidance, of what they call in the Federal Reserve: communication policy. And, I say this not in some tinfoil hat conspiracy notion, but I often talk about how Ben Bernanke, in his last speech as Fed chair — it's interesting what people say in their last speech right? You know, George Washington talks about the dangers of entangling alliances. In his farewell speech, Dwight Eisenhower talked about beware the military-industrial complex — I mean Dwight Eisenhower for God's sake is warning about a military-industrial complex? Well, Ben Bernanke kind of had a similar moment in his very last speech as Fed chair. And, it’s a wonderful talk. He says, well you know I’ve been here for eight years. First four years, all right, seem to be steady she goes, right? Those last four years, because the last four-year term started and it’s been quite a doozy, right? And he said, well, the first thing we did in response to the great financial crisis, we used the toolkit that the central bankers have always had, right? We took interest rates, short-term interest rates, down to zero. We didn't know at the time we could have negative interest rates, we just took it down to zero. And, that's what we thought we could do. It wasn't working for us, so he came up with a second set of tools: the quantitative easing or the large-scale asset purchases. And, Bernanke says: look, I think QE1 was really successful. Yeah, speaking myself, Ben Hunt, I agree. I think you won, actually saved the world. I think that's what central banks are supposed to do, right? They are supposed to provide that emergency liquidity, that emergency shot of adrenaline when the heart of the global market economy stops beating. But, like I say, the problem is that emergency government action always becomes permanent government policy. And, that's certainly what’s happened. Today, we now have a permanent IV-drip of adrenaline in the form of these large-scale asset purchases. And, the crazy thing is Bernanke agrees with this. In his last speech he says, you know, frankly QE2 I thought was kind of a wash, you know had some puts and takes. I don't think it really did anything. I think he goes on to say QE3, what we did after that, you know the twist and QE-infinity whatever you want to call it, Ben Bernanke, the outgoing chair of the Federal Reserve, says I think these were counterproductive. Imagine that, right? Yeah, he says, I don't think it had a real-world impact. Certainly, it had the impact of inflating financial asset prices, but it wasn't accomplishing what we thought we could in the real economy. But then he goes on to say that, well in his words, fortunately, my view not so fortunately, he says they had a third toolkit, and this third toolkit was what they call, [what] the Federal Reserve calls, communication policy. It's expressed in this notion of forward guidance. And, it is, as Bernanke says, the intentional use of our words to try to change investor behavior — to use our words, not because we really believe the words but, because we think the words will have an impact, or an effect, in changing investor behavior — you know, what we might call lying in other circumstances. And, this is why we have a calendar, where we send out — every governor of the Fed goes out with its calendar of the interviews they're going to give and the talks they're going to make. It's all coordinated. It's all coordinated. This didn't exist before, but it is absolutely an intentional, and very effective way, at changing investor behavior. I'll tell you it's something that politicians have known forever. But now, everyone is in on the act. Everyone now uses their words and carefully constructs their messages, because they want to have an impact with their words alone. So, this [is] what you see from CEOs, whether it's Marc Benioff or Mark Zuckerberg right? This [is] what you see from central bankers, whether it's our own Fed leaders, whether it's Mario Draghi or whoever is running a central bank. Everyone knows now this [is] how it works — that you can use your words. And, there's a pattern for how the words are used. And, that's what we're trying to measure in the research company that I set up. How are these words used? How do they have an impact on us? Because, we're hardwired to respond to this stuff, and that's what I think has an impact, even more than what you correctly point out is, what I call, the mechanistic impact of buying stuff. AL: That's very interesting. I actually agree with you in the sense that they've just invented this new tool. It's related to the tools that existed before that, just translated through time. The forward guidance and the expectations actually become the policy, and then the follow through, or lack of follow through on that, becomes a backward revision. So, I agree with that. And, the markets are behaving the way they would if you did that with your children — if you promised a trip to Disneyland [and] then later you said you weren't going to do it. They would throw a tantrum. BH: Children and markets are very effective, and they're very effective at learning how to turn your words against you. AL: That's exactly right. I actually don't come down hard on my kids when they try to do that to me, because that's preparation for the real world — to manipulate situations like that. So, that's very interesting, and the way you write, because I have sort of dipped my foot in Epsilon Theory, I can see why it's so popular because it's very well written, it's very clever and, if you read carefully, it's a tad bit rebellious, which we love. You talk a lot about, at least on the interview with Grant Williams, you talked a lot about your farm and the animals. I really enjoyed that. I have a friend who is in a similar situation as you — has a career in engineering but has a farm which doesn't produce a lot, but is a legitimate, authentic working farm. He also has these analogies and I want to ask you if the links that you see — between the farm, ecosystems, animals, biology and markets — are you just seeing them because that's what you're immersed in? I mean, you know, human beings are programmed to recognize faces, we’re just sort of evolved and hardwired to recognize faces, so we see faces in the clouds, in food, in the dirt, the beach and the ocean. Have you become soft-wired to see analogies and connections to farms in markets? BH: Well it's the word you used just a second ago Albert. Used that word “authentic.” What I love about my dilettante farm, our animals are pets. I mean I like animals that pay the rent, like the bees, like the chickens. But our sheep, we shear them and we use the wool, but they're basically pets. This not a working farm. This, for me personally, is trying to get back to a world, of your word, authenticity, because there is a realness to the real world that is so distant. And, I think it's such a healthy corrective to the world of artifice that we live in today — playing the game of markets. I think that distance, that gulf, between the world of artifice — the world of words and stories and narratives — and the real world of fundamentals has grown so dramatically over the last decade, again, intentionally so, in every aspect of markets. So, for me, not just a respite, but the reconnecting with a world of cycles — the seasons, a world of Earth, a world of real life where, yes, you must eat, you must drink, [provide] fresh water for the animals. You can't tell them a story, right? No, they'll die. It is that authenticity, of even a dilettante playing at being a farmer, that I find is just enormously, intrinsically rewarding. So, you ask about the stories? My effort is to try to communicate to a broader audience these stories of the real, to bring into sharp contrast the stories of artifice — this world of artifice that I think we live in more and more in our market existence, our existence as investors. So yes, I intentionally look for, and identify, patterns in nature that I can then write at to draw contrast with our world and markets. I do that intentionally because I do find that these stories of the real of the farm and of animals are so powerful and evocative to people, like you and me who otherwise spend all their time in markets. I think we all know that something is wrong, right? I'll use this phrase or this great line from one of these spaghetti westerns of Clint Eastwood, Outlaw Josey Wales, where, pardon my language here, where his character says, “Don’t piss down my back and tell me it's raining."  I feel like we live in that world, that world of people telling us stories in our market existence. And, that's why I find it so powerful to bring forward stories of the real — of animal behavior, of farm behavior — and it immediately throws our market world into such sharp contrast. It immediately gives a point of purchase for someone to read the article [and] say: What? This market world is not real. It is what I like to call fiat world, where opinions are presented as fact, where we're told the way the world works in sharp contrast to what we see with our own eyes. So, yes, Albert it's all that. I do intentionally look for these connections precisely because I find them so powerful in bringing into sharp relief this world of artifice that we're immersed in, and markets. AL: Ben, I want to try out an analogy of my own on you, and then we'll move on to some, maybe, practical discussions on the markets. When you're going through your farm, you say you talk about how each of the animals sort of pull their weight in a sense — they produce. My friend who has the farm is very proud of that fact as well. Everyone has a role, and if you don't, if you don't have a role, then you better watch out because an axe may be coming. You talk about the chickens, the sheep and so on and so forth. They all pay their way. They produce eggs, wool. In a sense they're producing earnings and dividends. And, when you talk about the suspension of reality that happens in the public markets, but it really happens in the private markets, when you talk about WeWork and Theranos and companies like that, these, to use the phrasing that you used on the farm, these are pet stocks. They're not working stocks, they're pets. And, your daughters may have had some role in classifying so many of those animals as pets. Why are we tolerant of that in investment markets? Why are we willing to put up with so many pet stocks? BH: You know, it's always the byproduct, Albert, of the hothouse environment that one lives in. At the end of a nine-year bull run, you are looking for stories, for entertainment, because your survival is not at stake. I mean, we've got a couple of goats on the farm all right. Goats do nothing. They are a pleasure. They're a joy. Goats are fun. They are, they're dancing around. I like to think of it like mobile art. They're a luxury. They're a luxury, right? And so, I love my goats. I can't imagine not having the goats, but they're absolute luxury. And this, what always happens in markets at, again, the end of a long bull market is that we find our pleasure, we find our art, in these crazy stories like WeWork. It's how humans are wired. Then again, you expect this. This is what I try to write about, and what’s really driven me, in all my, kind of, figuring out games and puzzles — whether it was in academia or software or markets. It's how we, as a human animal — forget about the farm animals let's talk about the human animal — how the human animal is hardwired, and, as you say, softwired, to respond to stories, whether it's the story of the gamboling goat or whether it's the story of WeWork. These are the stories that, I think, if we continue to bring them to our own attention — you know we're not immune to the any of this stuff, not all of us — we can be more resistant to that — by remembering these stories and remembering that what we think is only natural is, frankly, a creation by somebody who understands how we are wired as a human animal. AL: Ben, I don't know if it was the panel that we did together in 2018, but I distinctly remember asking for predictions as to when the bull market would end, and possibly end in a recession or a depression. And, before I received the responses, I joked that everyone always says two or three years away. And, sure enough, the answers were all two or three years away. I had the same folks on the same panel this year, and I was thinking, well I mean it's got to be one or two now, right? I mean, it's a year later. It's the same guys. And I thought, one? I count myself in that group as well. I've been concerned about this for a long time. I thought the hallmark would be something like WeWork getting shut out of public markets, and those valuations coming down. The closer you get to the end, the more ridiculous the story is that we're being asked to buy into. That was truly a ridiculous story, and it was shot down. Do you agree with me? I mean, is this sort of the first sign that this, at least this chapter of the story, is over? BH: So George Soros, you know whatever you think of George Soros, he's a great investor, right? And, he has this wonderful line. Somebody was asking him about, I don't think this was about when he and [Stanley] Druckenmiller were making one of their fortunes on shorting the pound, I think another currency. But somebody asked him to talk about what he was doing. And so, he started explaining what was going on and how he’s positioned. And, somebody (the reporter) said, “Why are you predicting that? Why do you think that's going to happen?” I’d duplicate the accent if I could, but I can't do my old Hungarian accent very well. Soros said, "Young man, you know I'm not predicting — I'm observing." I'm not predicting I'm observing. And, that's really stuck with me a lot. And, the way it's stuck with me is that, I think, when you think of things in terms of a game, and here I’m using game theory in that rigorous sense, it does not lend itself to a prediction. That's why I always hate this kind of exercise we feel like we're forced to go through: to predict something. What I can do, though, because I am focused on observing changes, and directions, the narrative, you know — I might want to try to pretend to predict when does this break, but what I can, I think, tell you is what we have to observe before it can break, before the story breaks. What I mean by the story breaking is basically an Emperor's New Clothes moment, which you're right we kind of did with WeWork, right? It was like: Wait, community adjusted EBITDA? What? Wait, you paid the guy ninety million dollars to get the name “We”? It was an Emperor's New Clothes moment. That is absolutely a hallmark of the story breaking. But, that WeWork story broke, but that was the company looking to go public. You didn't have public investors, and WeWork, who suffered the brunt. The brunt, was shouldered mostly by Masayoshi Son. You see, Son and SoftBank, you know I'm not going to cry for them and they're not, I think, suffering from this, right? The lessons of that, I don't think, are really realized in the form of SoftBank. They're going to keep on doing this, you know, forever. What we have to see is those sorts of Emperor’s New Clothes moments, not on a single company that's looking to go public like WeWork, we have to see that same sort of breaking of a story around one of our big institutions, like the Fed, like the ECB, like we saw in 2008 when the story broke about Wall Street banks. By the story breaking, I don't mean about being revealed. I mean about the confidence, the narrative that these guys were large and in charge, that story broke. It fell to pieces. We've got to see the same thing happen. It's kind of [an] Emperor's New Clothes moment, with a little girl and the crowd says: Hey wait, WeWork, that doesn't make any sense. But instead, it has to be that statement: Hey wait, Jerome [Powell], that doesn't make any sense what you're talking about, what the Fed is doing. That's when it changes, right? I can't predict when that's going to change, but that's what, when you observe that, that is when it will change. AL: That would be a serious development, though, right? Ben, you started this discussion by saying that you supported the Fed’s intervention with QE1. If the story would change and it were to be revealed that the Fed had no clothes, that they're no longer sufficient [as the] lender of last resort. That can't be something that you would want to see, is it? BH: Look, I very much believe that what the Fed did in March of 2009 was exactly what you want a central bank to do, because we really were on the verge of the entire system breaking down. What I think has developed in the decade since then is not a risk of the system breaking down again. Instead, I think it's the risk of the system overtaking — you know, use Star Trek, becoming the Borg and enveloping everything — so that there is no more market, so that capital markets have been transformed into a political utility. That's as much of a tragedy as the markets collapsing. I'd like to think there is something in between those two extremes. I'd like to think that we can have a functioning, break glass in case of emergency, central bank that, when that emergency occurs, as it did when Lehman was taken out in the street and shot, when the entire global financial system is on the verge of being ruined, you break that glass in case of emergency and you take those emergency actions. But I don't think that our choice has to be defined in either, well you've either got that or you've got this Borg-like central bank and Wall Street edifice that eliminates price discovery, eliminates the role of fundamentals and, again, transforms markets into this political utility. I think we can find something in the middle. And that's what I'm hoping for and, what I'm suggesting is happening, when you have that Emperor's New Clothes moment with what central banks are doing today. And, I think I know what that story might be. AL: I could argue that the banks were turned into utilities the minute Paulson said to Bank of America, you got to buy these guys, and Bernanke said to these other guys, you can't pay dividends unless we stress test you. I mean that essentially took the market forces out of banking. And, if we’re to go back [to a market system] you would have to concede that some of them would fail and other ones prosper and pay dividends and have rising stock prices. Correct? BH: I'm with you a thousand percent. What I'm saying, though, is this has been a process, right? It's a process that, look, I get it, if the choice is between Wall Street doesn't exist anymore and we're going to have this intervention, okay, I can get that trade off. What I can't get, again, is transforming emergency action into permanent government policy. And, that's what we've had. So, I’m hopeful enough to think that we can at least not exist at either extreme, because I do think that we have absolutely evolved into this extreme, where again Borg like you know, there is no more price discovery. There is no more role for fundamentals. It's all story. It's all story. And, I think that can be diminished, undermined. I hope, I think, I want to believe, right, without going back to collapse of asset prices and the end of the system as we know it. I think the longer we go on like this, the longer we go on without an Emperor's New Clothes moment, then the more painful the fall from these heights will be. Okay, none of this is going to happen organically, or on its own right. We saw that in December of 2018, or Q4 of 2018, where, oh my god, where we're raising interest rates to, checks notes, 2.5 percent. Oh my god, the world can't handle that. And so, we saw Powell and the rest totally turn on a dime and cave in to what are political pressures. And, you know, we saw what happened this past year, in 2019. So, it's not going to come from inside. It's going to have to come from the outside. And, the way it's going to happen is in a breaking of the story. And, I think what breaks that story, I really do, I think it's inflation, because I think it's coming. I think it's coming because of another thing you mentioned, Albert — which is not just what central banks are doing, in terms of their asset prices and what was happening in terms of the government in terms of its control over fiscal policy — I think that inflation is coming into the real economy, not just in the financial world as we've seen with central banks buying, and I think inflation is coming. Frankly, I think is already here, and I think that's what breaks the story of central bank control. AL: I want to shift the discussion now to an article you wrote about Facebook and Bitcoin. You titled it, The Spanish Prisoner. I thought that was very interesting and I’m actually again, I'm on the same page with you on that. I'll take it one step further, but basically, you're saying that Libra was designed to co-opt Bitcoin. Libra is the cryptocurrency currently being promoted by Facebook. Can you just go over the thinking behind that? BH: Sure, absolutely. I'm a fan of the, I'll call it, the positive energy that comes from Bitcoin true believers and the crypto-community more generally. I share so much of the sentiment, so much of the animus that directs that community, which is to say, look [at] our current monetary policy, it's being used against us, not for us. So, I understand the interest in finding and developing this alternative to fiat currencies, and in the form of Bitcoin, or crypto, or the like. I think there are real issues with that because I don't think the government, any government, will ever willingly give up its ability to control money. I think that's why governments exist — to control money, taxes that come from that, the seigniorage that comes from the printing of money, the control of taxation. So, it's the political risk around cryptocurrencies and Bitcoin that leads me not to be a big participant. But I get it and I share, again, the energy and the sentiment that underlies so much of crypto and Bitcoin. What I think Bitcoin, the real power of it, and much of crypto, is, if [it's] not censorship proof, it is censorship resistant. That's a phrase you hear a lot of times when you talk about Bitcoin or cryptocurrencies. What that means is that, because it has this underlying distributed ledger technology, Bitcoin being one of those powerful and elegant distributed ledger technologies, the record, the history of that Bitcoin, or that coin that is censorship resistant, [is] you can't, easily at least, a government can't, come in and control it. It's censorship resistant, if not censorship proof. What I thought we would see — I think Libra is just the first of these attempts to co-opt censorship resistant coins like Bitcoin. I think Libra is intentionally set up to be a censorship-embracing coin. The idea behind Libra is not that it is somehow in opposition to a government or separate from a governmental sphere of control and censorship. No, Libra embraces the idea that it is compliant with the government. So look, maybe it won't be Libra. Facebook's got its own public relations issues, but beyond Libra there will be others, other coins, other cryptocurrencies, that are promoted specifically by corporations, not in a resistant way to the government, but in a [collaborative], cooperative way. That's what I mean about how, in my view, Libra and these censorship-embracing coins are trying to co-opt the idea of Bitcoin in crypto, but do[ing it] in a way that's non-threatening to government. Hence my point of view — [it] loses all of its appeal. AL: Exactly. It seems to strip Bitcoin of its most desirable features and saddles us with some of the worst features of the cryptocurrency. BH: Absolutely. It becomes, it becomes an electronic fiat currency, which is where governments want to go. They don't want cash money. They don't want paper money floating around to be in existence. The whole effort is to continue to exercise control. I'll call it soft control using their words or, if we can't have that, well let's have currency being represented just as digital zeros and ones. It's all part and parcel, I think, but the same impetus. And again, I get it, right? But, [that] doesn't mean that I have to go along with it. I find by talking about it, relating it in stories that connect with people and their real-world experiences, I find that's the most effective way for me at least to try to ring the bell and bring people's attention. AL: I appreciate your conclusion — that is, that real, authentic, Bitcoin sort of becomes analogous to gold. It becomes gold, basically, which is what people said it was going to do, at least [what] proponents said it was going to do. But gold hasn't solved our problems. As much as I like gold, and advocate gold, and hold gold, it hasn't solved the world's monetary problems because it's just not in high enough circulation. And, your conclusion is that Bitcoin is going to become one of these commodity currencies over time. Is that true? BH: Yes, and frankly I like Bitcoin as a trade, in the same way that I like gold as a trade. I have, I'll say, real concerns with making it a core investment because of the political risk that I associate with Bitcoin. But, Igiven my view that I think inflation in the real economy is coming, frankly, I think it's already here. Right? But I think that the narrative around inflation is going to grow. I think that's extremely threatening to the prevailing central bank narrative: that we've got your back, market. We got this under control. I think that once the genie of inflation is out of the bottle in the real economy, it's very difficult to put back under control. You really think the Fed is going to raise interest rates from here, when in Q4 of 2018 they tried to raise interest rates 2.5% and they were basically taken out in the street and shot? The Fed says, oh we have all these tools to control inflation. Give me a break. They do not. They do not. Politically, they cannot. So, as a trade, I like gold a lot here. I like, God help me, I like Bitcoin a lot here, but it is — particularly when it comes to the political risk associated — a place where governments have enormous control, just enormous control. So, that political risk keeps me from having it as, I'll call it, a core, lifetime holding. But, it's absolutely something that I think is very attractive right here as a trade. AL: I understand almost everything you said there. I definitely understand Bitcoin as a trade. I understand gold as a trade in some circumstances. But, why not gold as a store of wealth? That’s sort of its traditional use. BH: Yeah, and I think gold can have use as a store of wealth. I think, I want to talk for me personally again, my store of wealth is in the land, in the farm. I find it, for me personally, that's where I want to try to store my wealth. I have a very broad conception of what real assets mean. Real assets can include intellectual property. I prefer real assets to have some sort of cash flows associated with them. I like that, but I'm not opposed, or I don't disagree, with any of these conceptions of real assets. What I am opposed to, to the degree that I cannot be immersed in it, is that world of artifice, that world of narratives and story. So, what I'm increasing, what I want in my investments, I'm just speaking for me, is I want to be closer to the real. In public markets, what does that mean? It means getting closer to real companies that still offer real fractional ownership share in real cash flows — harder to find in public markets today. That's the same thing I want in private markets. That's the same thing I want in my own life. So, I look for that notion of storing value and real assets. For me, it's tied up more with land. It's tied up more with knowledge — intellectual property. But I get it. I'm not opposed to [gold]. It's just, for me, that's how I like to express. AL: I’ve got two follow-up questions. Unfortunately, we have to get going because you're running out of time. One of your conclusions was that Bitcoin was going to become more like gold. And, one of the things that involves is, sort of, the stigma associated with gold, or the stigma we attach [to] the type of person that would invest in gold. That's the type of person that's going to invest in Bitcoin. Is the stigma part of the reason that you don't see gold the same way as you see other assets or is there some political risk associated with gold that you don't see associated with other assets? Why do you put gold in a different category? BH: Well I think gold has this, you call it, stigma. I would describe it as the intentional narrative that is created by government to stigmatize gold. And you saw the same thing around Bitcoin. When Bitcoin started to grow in popularity — oh Bitcoin, that's used by terrorists; you must be for the terrorists if you're engaged with Bitcoin. We all saw this stuff. And so, what I'm trying to do is, again trying to, observe rather than try to predict. What I'm observing is the government has a powerful vested interest in trying to control the adoption of gold as an alternative store of value, as an alternative currency, as a cryptocurrency. And, they certainly have an incentive to try to control digital cryptocurrency, like a bitcoin. I think of it as a trade in that, look their efforts to control that are limited, right? I think that, having seen with our own eyes its value in an inflationary environment, yeah, I think I'd like to own some right now, again as a trade, but for me to devote my wealth, my family's wealth, my children's well-being to something that I think is always going to be under this sort of assault — I'd rather find other ways I think are less risky of the government, through soft methods or hard methods, coming after me or that store of wealth. That's where I come out on this. AL: This all makes sense. I would expect to hear a former professor with a family, at a certain point in life, talking very conservatively like this. But you also ran a hedge fund, so there is a speculator in you. I want to close the interview just by asking you about some of the ideas you have for the next year on where people might look for returns. You talk about safer, cash-flowing types of assets. You know Netflix was the stock of the decade in the public markets. And, we know what it does with cash — it just burns it. But the return was phenomenal. So, if not those types of companies, where would you look for out-sized returns in 2020? BH: So look, I've been levered long personally because when the rules change it's going to be a political utility. That’s what you want to be, so we've had this past ten years. For me, personally, it’s levered long and to go with this flow. So, what I'm talking about in terms of narratives and the story breaking, it’s not because I want to fight the Fed, it's because I don't. I want to be able to observe and react to how the world is changing. I think we're on the cusp of a change from a 40-year deflationary cycle into the beginning of an inflationary cycle and everyone's investment playbook from the 1970s needs to be dusted off. Most people don't have that playbook. I wasn't a professional investor in the 1970s, but I can read and I could try to understand what works. That's what I think. That's the playbook I think we need to dust [it] off. I will say this: When you're talking about an inflationary environment, the worst place to be is in fixed income. We got to get that right. What you're looking for are companies that have pricing power. It's like they say, in fast food what are the three most important things? Location. In an inflationary environment, the three most important things are pricing power, pricing power, pricing power. I think that fundamentals will matter again in an inflationary environment because I don't think that the Federal Reserve has the tools really to combat that genie once that gets out of the bottle. And so, in the way that fundamentals matter again for looking at individual companies, you need to look at pricing power. Your multiples are going to suffer as interest rates go up. That's just a mechanistic issue — that high multiples mean that you're pulling forward growth from the future and into today. So, I think that high-flying profitless, cash burning unicorns are under a lot of threat and a lot of pressure in an inflationary environment. I think that the companies that [possess pricing power], whether they're commodity focused, or their story has some sort of percent perceived pricing power alongside it, I think that's where you want to be. I say I'm not predicting but I am observing. I think that's going to be the story of 2020. This inflation in the real world — which we've been told ad nauseam over the last decade, “oh there is no inflation, there's no inflation." That isn’t true. There absolutely is. And, once we get the spending, that's going to come out of whoever is elected in 2020, well that's when I think that inflation genie gets out of the bottle of the real economy. And, that's what I think changes everything in terms of the story for the game of markets. AL: You didn't say this, Ben, but it sounds like a good argument for gold, silver, commodity currencies and non-US dollar denominated assets. BH: It is actually, absolutely with the exception of the non-USD currencies, because what we're talking about here, this not just a US phenomenon — it's a global phenomenon. I think, in terms of currencies, the US is always going to be that best house in a bad neighborhood. So, I don't have a prediction on where the dollar goes, up or down, because I think that's the hardest thing to predict. What I can predict is that, in a global inflationary environment, everything you mentioned in terms of that traditional playbook, I think it's going to be a playbook worth holding on to in 2020 and beyond. AL: So, you are at EpsilonTheory.com and on Twitter @EpsilonTheory BH: The website, Twitter is free to read. We publish a lot and I appreciate you introducing me to your audience. AL: Thank you very much, Ben. Definitely go to his website and check out that Real Vision interview. It was very enjoyable. Ben, I’ve kept you on long, so thank you very much for joining us and I hope we can do it again sometime soon. BH: Be my pleasure. Thanks again.    

Today Brother Boggs talks with recently selected Beasts OCR Ambassador Mario Guiza. They discuss what got Mario into OCR, training at the Idahome Movement Academy with Albert Lu and Ted Kelley, and what Mario hopes to achieve as a Beasts OCR Ambassador. Mario recaps his 2019 and they discuss their 2020 schedule that includes Spartan Boise, Portland, Seattle, Chino and Tough Mudder Seattle. Ghost, BeastBreaker and Summit to Swamp are brought up as local races Mario is planning to do. Mario and Boggs also discuss Beasts Challenges(www.Beastschallenge.com) and Boggs Challenged him to get more Idaho Beasts out to participate in both Race Local and Beasts for a Cause. Boggs and Mario have a laugh about TM here is the link to the video they talk about https://youtu.be/oRe_nNLQI3M Music by: Get Your Groove On by Ron Gelinas Chillout Lounge | https://soundcloud.com/atmospheric-music-portal Bittersweet by | e s c p | https://escp-music.bandcamp.com Wandering by Numall Fix | https://soundcloud.com/numall-fix Runaways by MegaEnx | https://soundcloud.com/megaenx Music promoted by https://www.free-stock-music.com Creative Commons Attribution-ShareAlike 3.0 Unported https://creativecommons.org/licenses/by-sa/3.0/deed.en_US --- Send in a voice message: https://anchor.fm/beastnetpod/message Support this podcast: https://anchor.fm/beastnetpod/support

New Orleans Investment Conference Nov. 2, 2019 Albert Lu with Danielle DiMartino Booth of Quill Intelligence at the 2019 New Orleans Investment Conference. #Fed #JeromePowell #QE #NIRP #ZIRP @DiMartinoBooth http://quillintelligence.com @AlbertKLu http://sprottmedia.com https://youtu.be/P2wY2T7VPiM  

Our Optimized Influencer today is Albert Lu. Albert is the owner and operator of The Idahome Movement Academy, the Indoor Outdoor Gym in Boise, Idaho for better fitness and health. We discuss the journey to wellness and how improving your health with small victories can be the catalyst to optimize your influence in all areas of your life. Follow Albert at https://www.facebook.com/albertlu88 Follow the Idaho Movement Academy at https://www.facebook.com/IdahomeMovementAcademy/ Website https://www.idahomemovement.academy/ --- Support this podcast: https://anchor.fm/arn-allemand/support

Steve Todoruk, Senior Investment Executive at Sprott Global Resource Investments sits down with Albert Lu, President and CEO of Sprott U.S. Media to discuss investing in new discovery plays and the "right ingredients" that make up the ideal investment.

Steve Todoruk, Senior Investment Executive at Sprott Global Resource Investments sits down with Albert Lu, President and CEO of Sprott U.S. Media to discuss investing in new discovery plays and the "right ingredients" that make up the ideal investment.

Donald Luskin, Chief Investment Officer of Trend Macrolytics LLC, and Albert Lu of Sprott Media, discuss trade policies and debate the consequences of trade wars on economies.

Donald Luskin, Chief Investment Officer of Trend Macrolytics LLC, and Albert Lu of Sprott Media, discuss trade policies and debate the consequences of trade wars on economies.

Adam has a chat with Albert Lu, owner of the Idahome Movement Academy --- Send in a voice message: https://anchor.fm/beastnetpod/message Support this podcast: https://anchor.fm/beastnetpod/support

NGEx Resources' president and CEO, Wojtek Wodzicki, joins the Power & Market Report to discuss his outlook for copper. ** Tweet comments @AlbertKLu #copper ** Interview Highlights [0:30] Introduction to NGEx Resources [1:12] Bullish outlook on copper [3:12] Copper usage rising aggressively in electric vehicles [4:42] Copper price chart [5:55] Outlook for electric car adoption [7:20] What economic performance does copper need to thrive? [9:12] De-risking mining projects [11:15] Long-run benefits of taking care of baseline environment concerns   About the show As the media arm of Sprott US Holdings Inc., we strive to produce the highest quality and most reliable market news and commentary in the natural resource sector. Our vision is to connect scarce knowledge with the people who seek it and to inspire intelligent investing decisions. About the guest Dr. Wodzicki has worked in the international mining industry since 1987 and has managed exploration programs on five continents. He is a geologist by training and has a doctorate in Geosciences from the University of Arizona. He previously served as Vice President of Strategic Partnerships for Lundin Mining Corporation and President, CEO and Director of Sanu Resources Ltd. Prior to joining the Lundin Group, Dr. Wodzicki was with Teck Cominco Ltd. in a variety of roles that included managing exploration offices in Bolivia, Peru, Chile, and Argentina. He finished his career with Teck Cominco as General Manager of Exploration for North America and Europe-Africa. Contact him via: Web: http://www.ngexresources.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

NGEx Resources' president and CEO, Wojtek Wodzicki, joins the Power & Market Report to discuss his outlook for copper. ** Tweet comments @AlbertKLu #copper ** Interview Highlights [0:30] Introduction to NGEx Resources [1:12] Bullish outlook on copper [3:12] Copper usage rising aggressively in electric vehicles [4:42] Copper price chart [5:55] Outlook for electric car adoption [7:20] What economic performance does copper need to thrive? [9:12] De-risking mining projects [11:15] Long-run benefits of taking care of baseline environment concerns   About the show As the media arm of Sprott US Holdings Inc., we strive to produce the highest quality and most reliable market news and commentary in the natural resource sector. Our vision is to connect scarce knowledge with the people who seek it and to inspire intelligent investing decisions. About the guest Dr. Wodzicki has worked in the international mining industry since 1987 and has managed exploration programs on five continents. He is a geologist by training and has a doctorate in Geosciences from the University of Arizona. He previously served as Vice President of Strategic Partnerships for Lundin Mining Corporation and President, CEO and Director of Sanu Resources Ltd. Prior to joining the Lundin Group, Dr. Wodzicki was with Teck Cominco Ltd. in a variety of roles that included managing exploration offices in Bolivia, Peru, Chile, and Argentina. He finished his career with Teck Cominco as General Manager of Exploration for North America and Europe-Africa. Contact him via: Web: http://www.ngexresources.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

David Garofalo, President & CEO, Goldcorp http://goldcorp.com Rick Rule discusses the highlights from David Garofalo's keynote speech at the 2017 Sprott Vancouver Natural Resource Symposium. Rick also tackles attendee-submitted questions. Interview Highlights [5:30] Gold companies as leverage instruments [7:30] What happened to gold companies during the last decade? [9:17] Did companies rush to produce uneconomical deposits? [10:40] What is the consequence of falling gold reserves? [14:03] The industry has under-invested in exploration for two decades. [16:00] How can investors protect themselves against the uncertainties of the gold mining business [19:58] Is the progression of gold mining companies to real companies real? [23:47] Conference attendee Q&A 1. What was your costliest investment mistake? 2. Can you comment on the psychology of investing? 3. If you could pick three jockeys, who would you pick? 4. What are you thoughts on the use of trailing stops? 5. What traits attract you to a company and what traits cause you to walk way? About the guest Rick Rule is the president and CEO of Sprott U.S. Holdings, Inc. Contact him at: http://sprottglobal.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

David Garofalo, President & CEO, Goldcorp http://goldcorp.com Rick Rule discusses the highlights from David Garofalo's keynote speech at the 2017 Sprott Vancouver Natural Resource Symposium. Rick also tackles attendee-submitted questions. Interview Highlights [5:30] Gold companies as leverage instruments [7:30] What happened to gold companies during the last decade? [9:17] Did companies rush to produce uneconomical deposits? [10:40] What is the consequence of falling gold reserves? [14:03] The industry has under-invested in exploration for two decades. [16:00] How can investors protect themselves against the uncertainties of the gold mining business [19:58] Is the progression of gold mining companies to real companies real? [23:47] Conference attendee Q&A 1. What was your costliest investment mistake? 2. Can you comment on the psychology of investing? 3. If you could pick three jockeys, who would you pick? 4. What are you thoughts on the use of trailing stops? 5. What traits attract you to a company and what traits cause you to walk way? About the guest Rick Rule is the president and CEO of Sprott U.S. Holdings, Inc. Contact him at: http://sprottglobal.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

John Borshoff, founder of Paladin Energy and CEO of Deep Yellow Ltd., explains what it takes to make a globally recognized, multi-billion dollar uranium mining company. ** Tweet comments @AlbertKLu #deepyellow ** Interview Highlights [0:40] History of Paladin Energy [7:00] Struggles at Paladin [9:08] The Deep Yellow team [10:40] Uranium companies are like the airlines [12:55] Planning for decades in the future [15:04] The advantage of no Chinese equity in Deep Yellow [16:55] The advantage of no private equity in Deep Yellow [19:34] On coming out of retirement About the guest Mr Borshoff is a geologist and uranium industry veteran who founded Paladin Energy Limited in 1993, taking that company from a junior explorer to a globally recognized, multi-billion dollar uranium mining company. Mr Borshoff joined the Deep Yellow Board in October 2016. Contact him via: Email: info@deepyellow.com.au Web: http://www.deepyellow.com.au About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

John Borshoff, founder of Paladin Energy and CEO of Deep Yellow Ltd., explains what it takes to make a globally recognized, multi-billion dollar uranium mining company. ** Tweet comments @AlbertKLu #deepyellow ** Interview Highlights [0:40] History of Paladin Energy [7:00] Struggles at Paladin [9:08] The Deep Yellow team [10:40] Uranium companies are like the airlines [12:55] Planning for decades in the future [15:04] The advantage of no Chinese equity in Deep Yellow [16:55] The advantage of no private equity in Deep Yellow [19:34] On coming out of retirement About the guest Mr Borshoff is a geologist and uranium industry veteran who founded Paladin Energy Limited in 1993, taking that company from a junior explorer to a globally recognized, multi-billion dollar uranium mining company. Mr Borshoff joined the Deep Yellow Board in October 2016. Contact him via: Email: info@deepyellow.com.au Web: http://www.deepyellow.com.au About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Brien Lundin, the editor of Gold Newsletter and president of the New Orleans Investment Conference, joins Albert to discuss the recent downward move in gold and his conference later this month. ** Tweet comments @AlbertKLu #gold #neworleansconference ** Interview Highlights [4:29] What's behind the recent drop in the gold price? [8:00] Is the US poised for a continued recovery? [10:13] Will tax cuts propel US markets higher? [11:55] Will equity investors rotate into bonds? [13:17] How far will the Fed raise rates before turning around? [15:07] Does the market get a rate hike in Dec. 2017? About the show As the media arm of Sprott US Holdings Inc., we strive to produce the highest quality and most reliable market news and commentary in the natural resource sector. Our vision is to connect scarce knowledge with the people who seek it and to inspire intelligent investing decisions. About the guest Brien Lundin is the editor of Gold Newsletter and the president of the New Orleans Investment Conference. Contact him via: Web: http://neworleansconference.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Brien Lundin, the editor of Gold Newsletter and president of the New Orleans Investment Conference, joins Albert to discuss the recent downward move in gold and his conference later this month. ** Tweet comments @AlbertKLu #gold #neworleansconference ** Interview Highlights [4:29] What's behind the recent drop in the gold price? [8:00] Is the US poised for a continued recovery? [10:13] Will tax cuts propel US markets higher? [11:55] Will equity investors rotate into bonds? [13:17] How far will the Fed raise rates before turning around? [15:07] Does the market get a rate hike in Dec. 2017? About the show As the media arm of Sprott US Holdings Inc., we strive to produce the highest quality and most reliable market news and commentary in the natural resource sector. Our vision is to connect scarce knowledge with the people who seek it and to inspire intelligent investing decisions. About the guest Brien Lundin is the editor of Gold Newsletter and the president of the New Orleans Investment Conference. Contact him via: Web: http://neworleansconference.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Brandon Zick and Hunt Stookey of Ceres Partners join the Power & Market Report for a discussion on farmland investing. ** Tweet comments @AlbertKLu #farmland ** Interview Highlights [1:00] High-level view of the US farming sector [1:57] What is causing the downward pressure on crop prices? [3:10] Do we have a sustained rally in corn prices? [3:46] Will we return to peak farming profits? [5:29] Farmland as a complement to precious metals [9:22] The importance of water rights [16:53] Which crops are of interest to Ceres? [18:08] Solar energy applications [19:55] Farming as a hedge against stock market volatility [22:38] Farmland expected real ROI About the show As the media arm of Sprott US Holdings Inc., we strive to produce the highest quality and most reliable market news and commentary in the natural resource sector. Our vision is to connect scarce knowledge with the people who seek it and to inspire intelligent investing decisions. About the guests Brandon Zick focuses on managing all assets of the farm portfolio, performing valuation analysis and due diligence of property acquisitions, deal sourcing and negotiating acquisition terms, tenant sourcing and ongoing relationship management and oversees all portfolio management of the Fund. Hunt Stookey brings broad experience in agribusiness and private equity. Prior to joining Ceres, Hunt was Director of Agriculture at AEW Capital Management, a $45 billion manager of commercial real estate investments.   Contact them via: Web: https://www.cerespartners.com/ About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Brandon Zick and Hunt Stookey of Ceres Partners join the Power & Market Report for a discussion on farmland investing. ** Tweet comments @AlbertKLu #farmland ** Interview Highlights [1:00] High-level view of the US farming sector [1:57] What is causing the downward pressure on crop prices? [3:10] Do we have a sustained rally in corn prices? [3:46] Will we return to peak farming profits? [5:29] Farmland as a complement to precious metals [9:22] The importance of water rights [16:53] Which crops are of interest to Ceres? [18:08] Solar energy applications [19:55] Farming as a hedge against stock market volatility [22:38] Farmland expected real ROI About the show As the media arm of Sprott US Holdings Inc., we strive to produce the highest quality and most reliable market news and commentary in the natural resource sector. Our vision is to connect scarce knowledge with the people who seek it and to inspire intelligent investing decisions. About the guests Brandon Zick focuses on managing all assets of the farm portfolio, performing valuation analysis and due diligence of property acquisitions, deal sourcing and negotiating acquisition terms, tenant sourcing and ongoing relationship management and oversees all portfolio management of the Fund. Hunt Stookey brings broad experience in agribusiness and private equity. Prior to joining Ceres, Hunt was Director of Agriculture at AEW Capital Management, a $45 billion manager of commercial real estate investments.   Contact them via: Web: https://www.cerespartners.com/ About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Michael Kosowan, the president and CEO of Torq Resources, joins Albert Lu and Sonia Shirprashad at the Sprott Natural Resource Symposium in Vancouver. ** Tweet comments @AlbertKLu #torqresources ** Interview Highlights [0:47] Introduction to Torq Resources [3:13] On pedigree and treasury [4:55] The reason scale and jurisdiction are so important [8:03] What prompted the change in name? About the guest Mr. Kosowan holds a Master’s of Applied Science degree, is a Mining Engineer (P.Eng.) and a former Investment Advisor of Sprott Private Wealth (Canada) and Sprott Global Resources Inc (USA). Michael is also an industry expert with over 20 years experience in the junior mining sector. For the past 17 years, he has been leading mining investment and financings in the USA and Canada through his work with Sprott and other premier brokerage houses. Previously, Mr. Kosowan worked for a number of top-tier Canadian mining companies such as Placer Dome, Falconbridge and Inco, as a project Engineer, and for Atapa Minerals in Indonesia and Peru, as an Exploration Manager. Currently, Mr. Kosowan serves as a Director at Auryn Resources. Contact him via: Web: http://torqresources.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Michael Kosowan, the president and CEO of Torq Resources, joins Albert Lu and Sonia Shirprashad at the Sprott Natural Resource Symposium in Vancouver. ** Tweet comments @AlbertKLu #torqresources ** Interview Highlights [0:47] Introduction to Torq Resources [3:13] On pedigree and treasury [4:55] The reason scale and jurisdiction are so important [8:03] What prompted the change in name? About the guest Mr. Kosowan holds a Master’s of Applied Science degree, is a Mining Engineer (P.Eng.) and a former Investment Advisor of Sprott Private Wealth (Canada) and Sprott Global Resources Inc (USA). Michael is also an industry expert with over 20 years experience in the junior mining sector. For the past 17 years, he has been leading mining investment and financings in the USA and Canada through his work with Sprott and other premier brokerage houses. Previously, Mr. Kosowan worked for a number of top-tier Canadian mining companies such as Placer Dome, Falconbridge and Inco, as a project Engineer, and for Atapa Minerals in Indonesia and Peru, as an Exploration Manager. Currently, Mr. Kosowan serves as a Director at Auryn Resources. Contact him via: Web: http://torqresources.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

David Stockman is the bestselling author of Trumped and The Great Deformation. He joins Albert at the 2017 Sprott Natural Resource Symposium following his keynote address. ** Tweet comments @AlbertKLu #davidstockman ** Interview Highlights [0:28] All prices are falsified and distorted [2:44] Stock prices are a pig going through a python [3:27] Can the Fed shrink the balance sheet without crashing the bond market? [4:16] Everybody is a speculator now [5:43] How big is the repo financing problem in the bond market? [8:37] The Great Reagan Expansion was actually an experiment in Keynesian economics [10:52] Sell the stocks. Sell the house. Sell the wife. Sell the kids. Sell everything. About the guest David Stockman is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President Ronald Reagan. After leaving the White House, Stockman had a 20-year career on Wall Street. Contact him via: Web: http://davidstockmanscontracorner.com/ About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

David Stockman is the bestselling author of Trumped and The Great Deformation. He joins Albert at the 2017 Sprott Natural Resource Symposium following his keynote address. ** Tweet comments @AlbertKLu #davidstockman ** Interview Highlights [0:28] All prices are falsified and distorted [2:44] Stock prices are a pig going through a python [3:27] Can the Fed shrink the balance sheet without crashing the bond market? [4:16] Everybody is a speculator now [5:43] How big is the repo financing problem in the bond market? [8:37] The Great Reagan Expansion was actually an experiment in Keynesian economics [10:52] Sell the stocks. Sell the house. Sell the wife. Sell the kids. Sell everything. About the guest David Stockman is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President Ronald Reagan. After leaving the White House, Stockman had a 20-year career on Wall Street. Contact him via: Web: http://davidstockmanscontracorner.com/ About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Collin Kettell, CEO and Partner of Palisade Global Investments Ltd., speaks with Albert at the Vancouver Natural Resource Symposium in Vancouver. Interview Highlights [0:28] Impressions on the Vancouver Symposium [1:00] About Palisade Global [1:30] About Palisade Research [2:10] Collin likes these commodities [3:40] Uranium investments [4:15] Palisade's upcoming event at Jekyll Island About the guest Collin Kettell is the CEO of Palisade Global Investments Ltd. and the host of Palisade Radio. Palisade Global Investments Ltd. offers strategic consulting services to public and private companies looking to expand their corporate footprints and attract new international investors. From marketing road shows to full-service investor relations and promotional video campaigns, Palisade Global Investments is utilizing innovative strategies and techniques to drive broader investor awareness, increased liquidity, and higher valuations for their clients. Palisade Global Investments Ltd. provides full service marketing and networking, allowing their clients to focus on what they do best - advancing projects and pioneering new products. Palisade Global Investments' focus is to assist in tapping into key networks, obtaining needed capital, and creating the most compelling image for its clients. Contact him via: Twitter @PalisadePro Web at http://palisadeglobal.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Collin Kettell, CEO and Partner of Palisade Global Investments Ltd., speaks with Albert at the Vancouver Natural Resource Symposium in Vancouver. Interview Highlights [0:28] Impressions on the Vancouver Symposium [1:00] About Palisade Global [1:30] About Palisade Research [2:10] Collin likes these commodities [3:40] Uranium investments [4:15] Palisade's upcoming event at Jekyll Island About the guest Collin Kettell is the CEO of Palisade Global Investments Ltd. and the host of Palisade Radio. Palisade Global Investments Ltd. offers strategic consulting services to public and private companies looking to expand their corporate footprints and attract new international investors. From marketing road shows to full-service investor relations and promotional video campaigns, Palisade Global Investments is utilizing innovative strategies and techniques to drive broader investor awareness, increased liquidity, and higher valuations for their clients. Palisade Global Investments Ltd. provides full service marketing and networking, allowing their clients to focus on what they do best - advancing projects and pioneering new products. Palisade Global Investments' focus is to assist in tapping into key networks, obtaining needed capital, and creating the most compelling image for its clients. Contact him via: Twitter @PalisadePro Web at http://palisadeglobal.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Andy Schectman, President of Miles Franklin Precious Metals, joins Albert at the Sprott Vancouver Natural Resource Symposium to discuss the recent wave of gold dealer bankruptcies and ways to safeguard your precious metals. Interview Highlights [0:32] The recent wave of gold dealer scams [3:20] Non-bank, offshore, storage options About the guest Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business. Contact him via: Email: andy@milesfranklin.com Web: http://www.milesfranklin.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Andy Schectman, President of Miles Franklin Precious Metals, joins Albert at the Sprott Vancouver Natural Resource Symposium to discuss the recent wave of gold dealer bankruptcies and ways to safeguard your precious metals. Interview Highlights [0:32] The recent wave of gold dealer scams [3:20] Non-bank, offshore, storage options About the guest Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm’s operations and business functions; including strategy and planning, account management, finance, and new business. Contact him via: Email: andy@milesfranklin.com Web: http://www.milesfranklin.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Chris Gaffney, president of World Markets at EverBank, joins Albert to discuss EverBank's broad suite of flexible global banking solutions including foreign currency baskets and precious metal accounts. ** Tweet comments @AlbertKLu #EverBank ** Interview Highlights [0:38] Bringing product sophistication to retail markets [4:09] Finding good rates in a low interest rate environment [5:39] Market-Safe CD | 700% leverage on emerging market currencies [8:00] Precious metal products through EverBank About the guest Chris Gaffney has been the President of World Markets EverBank since 2015. Learn more about EverBank at: Web: http://www.everbank.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Chris Gaffney, president of World Markets at EverBank, joins Albert to discuss EverBank's broad suite of flexible global banking solutions including foreign currency baskets and precious metal accounts. ** Tweet comments @AlbertKLu #EverBank ** Interview Highlights [0:38] Bringing product sophistication to retail markets [4:09] Finding good rates in a low interest rate environment [5:39] Market-Safe CD | 700% leverage on emerging market currencies [8:00] Precious metal products through EverBank About the guest Chris Gaffney has been the President of World Markets EverBank since 2015. Learn more about EverBank at: Web: http://www.everbank.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Doug Casey joins Albert following his keynote address at the Sprott conference in Vancouver. 2017 Sprott Vancouver Natural Resource Symposium ** Full conference MP3 download available for purchase **               ** at http://sprottconference.com ** ** Please Tweet comments @AlbertKLu ** Interview Highlights [0:20] Vancouver is kryptonite to cigar smokers [2:10] Doug is increasingly misanthropic [3:03] About "Drug Lord" the most recent novel in Doug's fiction series [7:32] Doug on David Stockman's keynote speech [9:01] The reason we will ultimately be alright [9:45] Doug's plans to trade-in his body [10:10] The Power & Market Report misrepresents Doug [10:55] Doug's next book, "Assassin", will release next year About the guest Doug Casey is a world-renowned investor and author of six books; his Crisis Investing was on the New York Times bestseller list for 29 weeks, including 11 weeks at #1. His third book, Strategic Investing, reached #7 on the NYT list. His first book, The International Man, was the biggest selling book in the history of Rhodesia (obviously a record that will never be broken). His most recent are Totally Incorrect and Right on the Money. He’s currently completing a series of seven novels. He has been a featured guest on hundreds of radio and TV shows, including David Letterman, Merv Griffin, Charlie Rose, Phil Donahue, Regis Philbin, Maury Povich, NBC News and CNN, and has been the topic of numerous features in periodicals such as Time, Forbes, People and the Washington Post. He is also the founder of the Eris Society, a non-profit organization that for 30 years brought together hundreds of the world’s leading thinkers on a wide range of eclectic topics related to the arts, sciences, technology, finance and medicine. His firm, Casey Research, LLC, publishes a variety of letters and web sites with a combined weekly audience in excess of 300,000 individuals, largely high-net- worth investors with an interest in resource- development and international real estate. See Caseyresearch.com. Mr. Casey has visited over 145 countries, most of them several times, and lived in ten. He has been active in polo, skydiving, martial arts, scuba, auto racing and competitive shooting. He maintains homes in Argentina, Punta del Este Uruguay, New Zealand, and Aspen Colorado. Contact him via: Twitter @HighGroundBooks Web at http://CaseyResearch.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Doug Casey joins Albert following his keynote address at the Sprott conference in Vancouver. 2017 Sprott Vancouver Natural Resource Symposium ** Full conference MP3 download available for purchase **               ** at http://sprottconference.com ** ** Please Tweet comments @AlbertKLu ** Interview Highlights [0:20] Vancouver is kryptonite to cigar smokers [2:10] Doug is increasingly misanthropic [3:03] About "Drug Lord" the most recent novel in Doug's fiction series [7:32] Doug on David Stockman's keynote speech [9:01] The reason we will ultimately be alright [9:45] Doug's plans to trade-in his body [10:10] The Power & Market Report misrepresents Doug [10:55] Doug's next book, "Assassin", will release next year About the guest Doug Casey is a world-renowned investor and author of six books; his Crisis Investing was on the New York Times bestseller list for 29 weeks, including 11 weeks at #1. His third book, Strategic Investing, reached #7 on the NYT list. His first book, The International Man, was the biggest selling book in the history of Rhodesia (obviously a record that will never be broken). His most recent are Totally Incorrect and Right on the Money. He’s currently completing a series of seven novels. He has been a featured guest on hundreds of radio and TV shows, including David Letterman, Merv Griffin, Charlie Rose, Phil Donahue, Regis Philbin, Maury Povich, NBC News and CNN, and has been the topic of numerous features in periodicals such as Time, Forbes, People and the Washington Post. He is also the founder of the Eris Society, a non-profit organization that for 30 years brought together hundreds of the world’s leading thinkers on a wide range of eclectic topics related to the arts, sciences, technology, finance and medicine. His firm, Casey Research, LLC, publishes a variety of letters and web sites with a combined weekly audience in excess of 300,000 individuals, largely high-net- worth investors with an interest in resource- development and international real estate. See Caseyresearch.com. Mr. Casey has visited over 145 countries, most of them several times, and lived in ten. He has been active in polo, skydiving, martial arts, scuba, auto racing and competitive shooting. He maintains homes in Argentina, Punta del Este Uruguay, New Zealand, and Aspen Colorado. Contact him via: Twitter @HighGroundBooks Web at http://CaseyResearch.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

The Power & Market Report extends a warm welcome to first time guest Kevin Massesngill, CEO of Meraglim Holdings. Kevin explores international politics and finance from the beltway, and shares his unique view of the topics through the prism of Austrian economics. Interview Highlights [01:01] Every election is a sort of advance auction of stolen goods. [04:10] Government monopolies, democracy, hypocrisy, and semantics. [08:10] A summary of the Meraglim business model. [11:40] Active reconnaissance; the origins of Meraglim. [12:48] How Meraglim works; the mechanics of the analytics. [16:10] Kevin Massengill's professional background. [23:10] A pre-Copernican universe; if your models are wrong, you're wrong. [24:47] Kevin's outlook on popular investments and gold. [34:04] The Fatal Conceit- don't ignore the signals.   About the guest: Kevin W. Massengill is the founder and CEO of Meraglim Holdings which has created a new approach to predictive analytics in capital markets that will improve performance and vindicate active investing. Prior to founding Meraglim, Mr. Massengill served as Senior Vice President, International Strategy & Business Development for Leidos (NYSE: LDOS) a $5 billion science and technology company. Before that Mr. Massengill was a Managing Director for Silver Leaf Partners, an SEC registered boutique investment bank in New York City. Mr. Massengill also held senior leadership positions at Raytheon (NYSE: RTN), a $26 billion science and technology company, where he was Vice President for International Operations and the Vice President and Regional Executive for the Middle East and North Africa. Before joining Raytheon, Mr. Massengill was the founder and CEO of Consultancy Partners Group, Ltd, Abu Dhabi, providing strategy, business development, and financial advisory services to companies in Asia, the Middle East and North America. A US Army Airborne Ranger qualified officer trained in Arabic and Russian, Lieutenant Colonel Massengill was awarded the US Army Legion of Merit and the US Department of State Meritorious Honor Award at his retirement following 20 years of service. Mr. Massengill currently serves on the advisory board of Flynxx, a US technology startup, and previously served on boards as diverse as the US Department of State’s Overseas Schools Advisory Council, GrowthGate Capital Corporation - Dubai, and as Chairman of the Board of the American Community School - Abu Dhabi. A native of St. Louis, Missouri, Mr. Massengill was a Distinguished Military Graduate of the University of Missouri-Columbia with a B.A. in Russian Area Studies and was awarded a US Army Top 5% Fellowship. He holds an M.A. in Near Eastern Studies from Princeton University and has been a guest seminar lecturer in the Woodrow Wilson School of Public and International Affairs. He has completed the Program on Negotiation for Senior Executives at Harvard Law School, INSEAD’s International Directors Program at Fontainebleau and held FINRA Series 7 and 63 general securities licenses. He resides in Florida. Contact him via: Website:https://www.meraglim.com Twitter:https://twitter.com/Kurghen LinkedIn:https://www.linkedin.com/company/meraglim About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

The Power & Market Report extends a warm welcome to first time guest Kevin Massesngill, CEO of Meraglim Holdings. Kevin explores international politics and finance from the beltway, and shares his unique view of the topics through the prism of Austrian economics. Interview Highlights [01:01] Every election is a sort of advance auction of stolen goods. [04:10] Government monopolies, democracy, hypocrisy, and semantics. [08:10] A summary of the Meraglim business model. [11:40] Active reconnaissance; the origins of Meraglim. [12:48] How Meraglim works; the mechanics of the analytics. [16:10] Kevin Massengill's professional background. [23:10] A pre-Copernican universe; if your models are wrong, you're wrong. [24:47] Kevin's outlook on popular investments and gold. [34:04] The Fatal Conceit- don't ignore the signals.   About the guest: Kevin W. Massengill is the founder and CEO of Meraglim Holdings which has created a new approach to predictive analytics in capital markets that will improve performance and vindicate active investing. Prior to founding Meraglim, Mr. Massengill served as Senior Vice President, International Strategy & Business Development for Leidos (NYSE: LDOS) a $5 billion science and technology company. Before that Mr. Massengill was a Managing Director for Silver Leaf Partners, an SEC registered boutique investment bank in New York City. Mr. Massengill also held senior leadership positions at Raytheon (NYSE: RTN), a $26 billion science and technology company, where he was Vice President for International Operations and the Vice President and Regional Executive for the Middle East and North Africa. Before joining Raytheon, Mr. Massengill was the founder and CEO of Consultancy Partners Group, Ltd, Abu Dhabi, providing strategy, business development, and financial advisory services to companies in Asia, the Middle East and North America. A US Army Airborne Ranger qualified officer trained in Arabic and Russian, Lieutenant Colonel Massengill was awarded the US Army Legion of Merit and the US Department of State Meritorious Honor Award at his retirement following 20 years of service. Mr. Massengill currently serves on the advisory board of Flynxx, a US technology startup, and previously served on boards as diverse as the US Department of State’s Overseas Schools Advisory Council, GrowthGate Capital Corporation - Dubai, and as Chairman of the Board of the American Community School - Abu Dhabi. A native of St. Louis, Missouri, Mr. Massengill was a Distinguished Military Graduate of the University of Missouri-Columbia with a B.A. in Russian Area Studies and was awarded a US Army Top 5% Fellowship. He holds an M.A. in Near Eastern Studies from Princeton University and has been a guest seminar lecturer in the Woodrow Wilson School of Public and International Affairs. He has completed the Program on Negotiation for Senior Executives at Harvard Law School, INSEAD’s International Directors Program at Fontainebleau and held FINRA Series 7 and 63 general securities licenses. He resides in Florida. Contact him via: Website:https://www.meraglim.com Twitter:https://twitter.com/Kurghen LinkedIn:https://www.linkedin.com/company/meraglim About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com

Investing in Africa is not what most people think. Harry Wulfsohn, Executive Director of Imara Holdings Ltd., explains the potential gains and pitfalls of investing in Africa.   Interview Highlights [01:30] Little known facts about Africa [03:05] Tertiary sectors (non-commodity) are fueling growth in Africa [04:50] Social media and personal electronics use are growing [06:22] European companies are investing in Africa [08:20] Insurance companies are entering the market [09:39] How has Africa changed in 20 years [10:48] What is the role of central banks? [11:25] African companies benefit from monopoly status in many cases [13:48] What risk are involved? [16:12] How serious is corruption in Africa?     About the guest   Executive Director of Imara Holdings Limited and a founder of Fleming Wulfsohn Africa whose main investment is Imara Holdings Limited. Over 20 years financial services experience in Africa and the UK.Has been involved with the Wulfsohn family interests in various sectors across Central and Southern Africa over many years. Former Director of The Stenham Group, for 15 years. Led the transformation of Stenham from a multi-family office with US$1billion AUM into an institutional fund manager with US$6.5billion AUM. Held roles in London as Head of Business Development and COO of Asset Management and in Johannesburg being responsible for trade finance.Qualified as a Chartered Accountant and worked at Arthur Andersen, London, in the Corporate Financial Services and Turnaround division; Holds the Investment Management Certificate of the Institute of Investment Management and Research, London and a BSc (Hons) from Manchester University.   Contact him via: Email: Harry.Wulfsohn@imara.com Web: imara.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via:Twitter @AlbertKLuWeb at http://sprottmedia.com         

Investing in Africa is not what most people think. Harry Wulfsohn, Executive Director of Imara Holdings Ltd., explains the potential gains and pitfalls of investing in Africa.   Interview Highlights [01:30] Little known facts about Africa [03:05] Tertiary sectors (non-commodity) are fueling growth in Africa [04:50] Social media and personal electronics use are growing [06:22] European companies are investing in Africa [08:20] Insurance companies are entering the market [09:39] How has Africa changed in 20 years [10:48] What is the role of central banks? [11:25] African companies benefit from monopoly status in many cases [13:48] What risk are involved? [16:12] How serious is corruption in Africa?     About the guest   Executive Director of Imara Holdings Limited and a founder of Fleming Wulfsohn Africa whose main investment is Imara Holdings Limited. Over 20 years financial services experience in Africa and the UK.Has been involved with the Wulfsohn family interests in various sectors across Central and Southern Africa over many years. Former Director of The Stenham Group, for 15 years. Led the transformation of Stenham from a multi-family office with US$1billion AUM into an institutional fund manager with US$6.5billion AUM. Held roles in London as Head of Business Development and COO of Asset Management and in Johannesburg being responsible for trade finance.Qualified as a Chartered Accountant and worked at Arthur Andersen, London, in the Corporate Financial Services and Turnaround division; Holds the Investment Management Certificate of the Institute of Investment Management and Research, London and a BSc (Hons) from Manchester University.   Contact him via: Email: Harry.Wulfsohn@imara.com Web: imara.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via:Twitter @AlbertKLuWeb at http://sprottmedia.com         

The technology landscape used to be a hotbed of libertarianism. Today, nothing could be further from the truth. Why is that? Introduction Doug Casey joins the show to talk about his new book, Drug Lord, and the upcoming Sprott conference in Vancouver where he will be a featured speaker. Interview Highlights [00:15] Don’t miss Doug Casey in Vancouver http://sprottconference.com [01:07] Doug’s new book “Drug Lord” launches at FreedomFest 2017 in Las Vegas [02:50] I am kind of lazy [04:53] Being lazy is advantageous [07:45] What were your career goals? [09:30] Have you ever taken a job you didn’t like for the wrong reasons? [10:15] I am a hardcore unemployable-- I’ve never needed or wanted a job; that’s a degrading concept [11:58] On Mark Zuckerberg and the universal basic income (UBI) [14:14] The prevalence of stupidity [15:09] We already have a universal basic income [16:48] Technical vs. moral considerations [19:34] Why do Silicon Valley leaders champion causes such as the UBI? [22:43] Does guilt play a role? [23:30] What about philanthopy? [28:13] What are the hotbeds of libertarianism today? [30:00] See Doug in Las Vegas at FreedomFest and in Vancouver at http://sprottconference.com   About the guest Doug Casey is a world-renowned investor and author of six books; his Crisis Investing was on the New York Times bestseller list for 29 weeks, including 11 weeks at #1. His third book, Strategic Investing, reached #7 on the NYT list. His first book, The International Man, was the biggest selling book in the history of Rhodesia (obviously a record that will never be broken). His most recent are Totally Incorrect and Right on the Money. He’s currently completing a series of seven novels.He has been a featured guest on hundreds of radio and TV shows, including David Letterman, Merv Griffin, Charlie Rose, Phil Donahue, Regis Philbin, Maury Povich, NBC News and CNN, and has been the topic of numerous features in periodicals such as Time, Forbes, People and the Washington Post. He is also the founder of the Eris Society, a non-profit organization that for 30 years brought together hundreds of the world’s leading thinkers on a wide range of eclectic topics related to the arts, sciences, technology, finance and medicine. His firm, Casey Research, LLC, publishes a variety of letters and web sites with a combined weekly audience in excess of 300,000 individuals, largely high-net- worth investors with an interest in resource- development and international real estate. See Caseyresearch.com.Mr. Casey has visited over 145 countries, most of them several times, and lived in ten. He has been active in polo, skydiving, martial arts, scuba, auto racing and competitive shooting. He maintains homes in Argentina, Punta del Este Uruguay, New Zealand, and Aspen Colorado. Contact him via: Twitter @HighGroundBooksWeb at http://CaseyResearch.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via:Twitter @AlbertKLuWeb at http://sprottmedia.com 

The technology landscape used to be a hotbed of libertarianism. Today, nothing could be further from the truth. Why is that? Introduction Doug Casey joins the show to talk about his new book, Drug Lord, and the upcoming Sprott conference in Vancouver where he will be a featured speaker. Interview Highlights [00:15] Don’t miss Doug Casey in Vancouver http://sprottconference.com [01:07] Doug’s new book “Drug Lord” launches at FreedomFest 2017 in Las Vegas [02:50] I am kind of lazy [04:53] Being lazy is advantageous [07:45] What were your career goals? [09:30] Have you ever taken a job you didn’t like for the wrong reasons? [10:15] I am a hardcore unemployable-- I’ve never needed or wanted a job; that’s a degrading concept [11:58] On Mark Zuckerberg and the universal basic income (UBI) [14:14] The prevalence of stupidity [15:09] We already have a universal basic income [16:48] Technical vs. moral considerations [19:34] Why do Silicon Valley leaders champion causes such as the UBI? [22:43] Does guilt play a role? [23:30] What about philanthopy? [28:13] What are the hotbeds of libertarianism today? [30:00] See Doug in Las Vegas at FreedomFest and in Vancouver at http://sprottconference.com   About the guest Doug Casey is a world-renowned investor and author of six books; his Crisis Investing was on the New York Times bestseller list for 29 weeks, including 11 weeks at #1. His third book, Strategic Investing, reached #7 on the NYT list. His first book, The International Man, was the biggest selling book in the history of Rhodesia (obviously a record that will never be broken). His most recent are Totally Incorrect and Right on the Money. He’s currently completing a series of seven novels.He has been a featured guest on hundreds of radio and TV shows, including David Letterman, Merv Griffin, Charlie Rose, Phil Donahue, Regis Philbin, Maury Povich, NBC News and CNN, and has been the topic of numerous features in periodicals such as Time, Forbes, People and the Washington Post. He is also the founder of the Eris Society, a non-profit organization that for 30 years brought together hundreds of the world’s leading thinkers on a wide range of eclectic topics related to the arts, sciences, technology, finance and medicine. His firm, Casey Research, LLC, publishes a variety of letters and web sites with a combined weekly audience in excess of 300,000 individuals, largely high-net- worth investors with an interest in resource- development and international real estate. See Caseyresearch.com.Mr. Casey has visited over 145 countries, most of them several times, and lived in ten. He has been active in polo, skydiving, martial arts, scuba, auto racing and competitive shooting. He maintains homes in Argentina, Punta del Este Uruguay, New Zealand, and Aspen Colorado. Contact him via: Twitter @HighGroundBooksWeb at http://CaseyResearch.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via:Twitter @AlbertKLuWeb at http://sprottmedia.com 

The GDXJ Junior Miners ETF has outgrown its market says Rick Rule, the CEO of Sprott US Holdings, who believes the ensuing rebalancing exercise will create imbalances in the cost of capital for these small firms which, in turn, may create significant arbitrage opportunities for investors. Interview Highlights [00:03] Who owns what? [01:00] What’s happening with the GDXJ ETF? What arbitrage opportunities do you see? [06:30] What are GDXJ holders really holding? [09:23] Has this been fully priced in? [12:58] This is a catalyst for individual companies to align to the new cost of capital [15:59] The money is chasing volatility not opportunity [17:37] Will there be more or fewer miners as a result of this development? [19:25] Don’t miss Rick’s seminar on the rebalancing in Vancouver http://sprottconference.com About the guest Mr. Rule has dedicated his entire adult life to many aspects of natural resource securities investing. In addition to the knowledge and experience gained in a long and focused career, he has a worldwide network of contacts in the natural resource and finance worlds. As Director, President, and Chief Executive Officer of Sprott US Holdings, Inc., Mr. Rule leads a highly skilled team of earth science and finance professionals who enjoy a worldwide reputation for resource investment management. Mr. Rule is a frequent speaker at industry conferences, and is interviewed for numerous radio, television, print and online media outlets concerning natural resource investment and industry topics. He is frequently quoted and referred by prominent natural resource oriented newsletters and advisories. Mr. Rule and his team have long experience in many resource sectors including agriculture, alternative energy, forestry, oil and gas, mining and water. Mr. Rule is particularly active in private placement markets, having originated and participated in hundreds of debt and equity transactions with private, pre-public and public companies. Sprott US Holdings, Inc. is a holding company made up of three separate and distinct companies: Sprott Global Resource Investments, Ltd., a FINRA Registered Broker/Dealer; Sprott Asset Management USA Inc., an SEC Registered Investment Adviser offering managed accounts; and Resource Capital Investment Corporation, an SEC Registered Investment Adviser managing partnerships. These three companies make up the US Subsidiaries of Sprott Inc. and are active in securities brokerage, segregated account money management and investment partnership management involving both equity and debt instruments, across the entire spectrum of the natural resource industry. Contact him via: Twitter @RealRickRule Web at http://sprottUSA.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com  

The GDXJ Junior Miners ETF has outgrown its market says Rick Rule, the CEO of Sprott US Holdings, who believes the ensuing rebalancing exercise will create imbalances in the cost of capital for these small firms which, in turn, may create significant arbitrage opportunities for investors. Interview Highlights [00:03] Who owns what? [01:00] What’s happening with the GDXJ ETF? What arbitrage opportunities do you see? [06:30] What are GDXJ holders really holding? [09:23] Has this been fully priced in? [12:58] This is a catalyst for individual companies to align to the new cost of capital [15:59] The money is chasing volatility not opportunity [17:37] Will there be more or fewer miners as a result of this development? [19:25] Don’t miss Rick’s seminar on the rebalancing in Vancouver http://sprottconference.com About the guest Mr. Rule has dedicated his entire adult life to many aspects of natural resource securities investing. In addition to the knowledge and experience gained in a long and focused career, he has a worldwide network of contacts in the natural resource and finance worlds. As Director, President, and Chief Executive Officer of Sprott US Holdings, Inc., Mr. Rule leads a highly skilled team of earth science and finance professionals who enjoy a worldwide reputation for resource investment management. Mr. Rule is a frequent speaker at industry conferences, and is interviewed for numerous radio, television, print and online media outlets concerning natural resource investment and industry topics. He is frequently quoted and referred by prominent natural resource oriented newsletters and advisories. Mr. Rule and his team have long experience in many resource sectors including agriculture, alternative energy, forestry, oil and gas, mining and water. Mr. Rule is particularly active in private placement markets, having originated and participated in hundreds of debt and equity transactions with private, pre-public and public companies. Sprott US Holdings, Inc. is a holding company made up of three separate and distinct companies: Sprott Global Resource Investments, Ltd., a FINRA Registered Broker/Dealer; Sprott Asset Management USA Inc., an SEC Registered Investment Adviser offering managed accounts; and Resource Capital Investment Corporation, an SEC Registered Investment Adviser managing partnerships. These three companies make up the US Subsidiaries of Sprott Inc. and are active in securities brokerage, segregated account money management and investment partnership management involving both equity and debt instruments, across the entire spectrum of the natural resource industry. Contact him via: Twitter @RealRickRule Web at http://sprottUSA.com About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com  

Harry Dent, the bestselling author of The Sale of a Lifetime, sees tough times coming ahead. Dent predicts a major sell-off in global assets beginning in 2017 followed by the biggest commodity cycle in world history. Interview Highlights [00:40] Harry addresses his critics [02:26] Why he thinks the market correction will begin in 2017 [07:04] Can activist central banking save the market? [13:20] Trump is appealing to the All-Star Wrestling fans [13:52] Japan has already gone off the cliff [19:40] Economic pain is necessary in life [21:04] Germany will not save Europe [23:28] Why additional QE won’t work [27:36] The next commodity boom will be the biggest in world history About the guest Harry S. Dent Jr. studied economics in college in the '70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes. Since then, he's spoken to executives, financial advisors and investors around the world. He's appeared on "Good Morning America," PBS, CNBC and CNN/Fox News. He's been featured in Barron's, Investor's Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business's "America's Nightly Scorecard." Harry has written numerous books over the years. In his book The Great Boom Ahead, published in 1992, he stood virtually alone in accurately forecasting the unanticipated boom of the 1990s. That same year he authored two consecutive best sellers: The Roaring 2000s and The Roaring 2000s Investor (Simon and Schuster). In 2011, Harry published, The Great Crash Ahead, where he outlined how the next great crash is likely to unfold in the coming months. He explained why there is nothing the government can do to protect us as deflation takes hold of the economy. In The Demographic Cliff (2014), Harry revealed why America is facing a "great deflation" after five years of desperate stimulus — and what investors need to do about it now. In his most recent bestseller, The Sale of a Lifetime: How the Great Bubble Burst of 2017 Can Make You Rich (2016), Harry looks at the upcoming economic crisis and reveals how it could be the single greatest chance to build wealth we’ll ever see and how we can capitalize on such a unique and historical opportunity. He explains how many of the richest Americans in history have used this same kind of opportunity to quickly accumulate incredible amounts of money, in a short period of time. Contact him via: Facebook: https://www.facebook.com/EconomyMarkets Twitter: @economymarkets and @HarryDentjr Web: http://www.HarryDent.com  About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via:Twitter @AlbertKLuWeb at http://sprottmedia.com 

Harry Dent, the bestselling author of The Sale of a Lifetime, sees tough times coming ahead. Dent predicts a major sell-off in global assets beginning in 2017 followed by the biggest commodity cycle in world history. Interview Highlights [00:40] Harry addresses his critics [02:26] Why he thinks the market correction will begin in 2017 [07:04] Can activist central banking save the market? [13:20] Trump is appealing to the All-Star Wrestling fans [13:52] Japan has already gone off the cliff [19:40] Economic pain is necessary in life [21:04] Germany will not save Europe [23:28] Why additional QE won’t work [27:36] The next commodity boom will be the biggest in world history About the guest Harry S. Dent Jr. studied economics in college in the '70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes. Since then, he's spoken to executives, financial advisors and investors around the world. He's appeared on "Good Morning America," PBS, CNBC and CNN/Fox News. He's been featured in Barron's, Investor's Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business's "America's Nightly Scorecard." Harry has written numerous books over the years. In his book The Great Boom Ahead, published in 1992, he stood virtually alone in accurately forecasting the unanticipated boom of the 1990s. That same year he authored two consecutive best sellers: The Roaring 2000s and The Roaring 2000s Investor (Simon and Schuster). In 2011, Harry published, The Great Crash Ahead, where he outlined how the next great crash is likely to unfold in the coming months. He explained why there is nothing the government can do to protect us as deflation takes hold of the economy. In The Demographic Cliff (2014), Harry revealed why America is facing a "great deflation" after five years of desperate stimulus — and what investors need to do about it now. In his most recent bestseller, The Sale of a Lifetime: How the Great Bubble Burst of 2017 Can Make You Rich (2016), Harry looks at the upcoming economic crisis and reveals how it could be the single greatest chance to build wealth we’ll ever see and how we can capitalize on such a unique and historical opportunity. He explains how many of the richest Americans in history have used this same kind of opportunity to quickly accumulate incredible amounts of money, in a short period of time. Contact him via: Facebook: https://www.facebook.com/EconomyMarkets Twitter: @economymarkets and @HarryDentjr Web: http://www.HarryDent.com  About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via:Twitter @AlbertKLuWeb at http://sprottmedia.com 

Rick Rule and Albert Lu discuss how attendees can maximize their experience at the 2017 Vancouver Natural Resource Symposium. Rick's Natural Resource Investing Guide is available here: http://sprottglobal.com/special/natural-resource-investing-guide/ Rick's 2015 interview with Tekoa da Silver can be found here: http://sprottglobal.com/thoughts/articles/rick-rule-when-interviewing-companies-investors-should-start-by-asking-what-is-your-liquidation-value/ question@sprottmedia.com http://naturalresourcesymposium.com  

Rick Rule and Albert Lu discuss how attendees can maximize their experience at the 2017 Vancouver Natural Resource Symposium. Rick's Natural Resource Investing Guide is available here: http://sprottglobal.com/special/natural-resource-investing-guide/ Rick's 2015 interview with Tekoa da Silver can be found here: http://sprottglobal.com/thoughts/articles/rick-rule-when-interviewing-companies-investors-should-start-by-asking-what-is-your-liquidation-value/ question@sprottmedia.com http://naturalresourcesymposium.com  

How can liberty-minded Americans move toward more freedom in our lifetime? This panel discussion features Nomi Prins, Albert Lu, and Chris Casey. Recorded in San Diego, California, on 25 February 2017.

How can liberty-minded Americans move toward more freedom in our lifetime? This panel discussion features Nomi Prins, Albert Lu, and Chris Casey. Recorded in San Diego, California, on 25 February 2017.

In this episode learn all about running economy and some innovated ways to improve it.  Also, learn an incredible tool to help you get a better night sleep, improve your sugar metabolism, and decrease your risk for diabetes.   This week SGX interview is with Coach Albert Lu.  Coach Lu is a Pose Method Running Specialist on top of being an SGX Coach.  Albert discuss what the Pose Method is and how you can use it to become a more efficient runner and reduce your risk of injury.   Check out all the show notes at www.spartanunderground.com/episode-2

I jumped in for a fellow podcaster and had a conversation with Jeffrey Tucker for Albert Lu's podcast "The Economy". Jeffrey and I tackle some interesting questions from Jeff's own experience with the police and criminal law, how it surpasses the divide of left and right politics and why it's a key human rights issue. Hear my previous interviews with Jeff on the IM podcast and follow him on fee.org and liberty.me. Find Albert's other episodes at www.powerandmarket.com

My good friend Albert Lu, host of "The Economy" podcast guest hosts this episode for me and does a bang-up job! Albert was the person who got me into podcasting, so he's the Obi Wan to my Anakin...or something. Enjoy, and check out his work at www.powerandmarket.com.

Kinsella on Liberty Podcast, Episode 193. This is my appearance on Albert Lu's “The Economy” podcast. This is part 3 of 3. We discussed property rights, bitcoin ownership, intellectual property, and related matters. See also: KOL085 | The History, Meaning, and Future of Legal Tender Episode video below: Full video of all three parts below.

Kinsella on Liberty Podcast, Episode 193. This is my appearance on Albert Lu’s “The Economy” podcast. This is part 3 of 3. We discussed property rights, bitcoin ownership, intellectual property, and related matters. See also: KOL085 | The History, Meaning, and Future of Legal Tender Full video of all three parts below.

Kinsella on Liberty Podcast, Episode 192. This is my appearance on Albert Lu's “The Economy” podcast, Episode 2015-9-23. This is part 2 of 3. From Albert Lu's description: Your host Albert continues the discussion with patent attorney Stephan Kinsella. In the second of a three-part interview, they discuss the concept of “ownership”. Topics Covered The entire world is made of hardware and owned by someone Fiat money is similar to Bitcoin How property rights arise de facto vs. de jure ownership What is a “good”? Part 1 is here: KOL191 | The Economy with Albert Lu: Can You Own Bitcoin? (1/3). Part 3 follows in the next episode. Episode video below: Full video of all 3 parts here:

Kinsella on Liberty Podcast, Episode 192. This is my appearance on Albert Lu’s “The Economy” podcast, Episode 2015-9-23. This is part 2 of 3. From Albert Lu's description: Your host Albert continues the discussion with patent attorney Stephan Kinsella. In the second of a three-part interview, they discuss the concept of “ownership”. Topics Covered The entire world is made of hardware and owned by someone Fiat money is similar to Bitcoin How property rights arise de facto vs. de jure ownership What is a “good”? Part 1 is here: KOL191 | The Economy with Albert Lu: Can You Own Bitcoin? (1/3). Part 3 will follow in due course. Full video of all 3 parts here:

This is my appearance on Albert Lu's "The Economy" podcast. This is part 1 of 3. We discussed property rights, bitcoin ownership, intellectual property, and related matters. Parts 2 and 3 to follow in due course. Relevant links: KOL233 | Mises UK Podcast: Bitcoin Ownership and the Global Withering of the State for more on whether bitcoin is ownable property, see this Facebook thread KOL085 | The History, Meaning, and Future of Legal Tender KOL086 | RARE Radio interview with Kurt Wallace: The War on Bitcoin KOL 043 | Triple-V: Voluntary Virtues Vodcast, with Michael Shanklin: Bitcoin, Legal Reform, Morality of Voting, Rothbard on Copyright Tax Plan May Hurt Bitcoin, WSJ Swiss Tax Authorities Confirm that Bitcoin is VAT-free in Switzerland Tokyo court says bitcoins are not ownable FinCEN Rules Commodity-Backed Token Services are Money Transmitters Bitcoin Is Officially a Commodity, According to U.S. Regulator; Miami Judge Rules Bitcoin Is Not Money; Dismisses Money Laundering, Transmitting Charges How to handle bitcoin gains on your taxes SEC: US Securities Laws ‘May Apply' to Token Sales Federal Judge Rules Bitcoin Is Real Money KOL249 | WCN's Max Hillebrand: Intellectual Property and Who Owns Bitcoin What do you legally “own” with Bitcoin? Posted on November 23, 2018 by prestonbyrne Portugal Tax Authorities Clarify That Buying Or Selling Cryptocurrency Is Tax-Free In the be-careful-what-you-wish-for dept., see NOW THAT BITCOIN IS CONSIDERED PROPERTY IN THE UK, RECLAIMING RANSOMED ASSETS SENT TO EXCHANGES IS MUCH EASIER See also: KOL085 | The History, Meaning, and Future of Legal Tender Episode video: Full video below:

This is my appearance on Albert Lu's "The Economy" podcast. This is part 1 of 3. We discussed property rights, bitcoin ownership, intellectual property, and related matters. Parts 2 and 3 to follow in due course. Relevant links: KOL233 | Mises UK Podcast: Bitcoin Ownership and the Global Withering of the State for more on whether bitcoin is ownable property, see this Facebook thread KOL085 | The History, Meaning, and Future of Legal Tender KOL086 | RARE Radio interview with Kurt Wallace: The War on Bitcoin KOL 043 | Triple-V: Voluntary Virtues Vodcast, with Michael Shanklin: Bitcoin, Legal Reform, Morality of Voting, Rothbard on Copyright Tax Plan May Hurt Bitcoin, WSJ Swiss Tax Authorities Confirm that Bitcoin is VAT-free in Switzerland Tokyo court says bitcoins are not ownable FinCEN Rules Commodity-Backed Token Services are Money Transmitters Bitcoin Is Officially a Commodity, According to U.S. Regulator; Miami Judge Rules Bitcoin Is Not Money; Dismisses Money Laundering, Transmitting Charges How to handle bitcoin gains on your taxes SEC: US Securities Laws ‘May Apply’ to Token Sales Federal Judge Rules Bitcoin Is Real Money KOL249 | WCN's Max Hillebrand: Intellectual Property and Who Owns Bitcoin What do you legally “own” with Bitcoin? Posted on November 23, 2018 by prestonbyrne Portugal Tax Authorities Clarify That Buying Or Selling Cryptocurrency Is Tax-Free And, from a note from Lu: Audio download (3 parts) http://powerandmarket.com/pmr-economy/vol2/v2e39-kinsella.mp3 http://powerandmarket.com/pmr-economy/vol2/v2e40-kinsella.mp3 http://powerandmarket.com/pmr-economy/vol2/v2e41-kinsella.mp3 See also: KOL085 | The History, Meaning, and Future of Legal Tender Video below:

Albert Lu, host of The Power & Market Report joins me to talk about how he got into podcasting (and got me into it!), his adventures in peaceful parenting and unschooling, and his favorite NFL team the New England Patriots.

Kinsella on Liberty Podcast, Episode 171. I was a guest yesterday (Feb. 6, 2015) on Albert Lu's "The Economy" podcast, discussing my recent appearance on Stossel [Stossel Show on Intellectual Property (Fox Business Channel, Jan. 30, 2015)]. The full episode is here; the portion including only our interview is included in this podcast feed.

Kinsella on Liberty Podcast, Episode 171. I was a guest yesterday (Feb. 6, 2015) on Albert Lu's "The Economy" podcast, discussing my recent appearance on Stossel [Stossel Show on Intellectual Property (Fox Business Channel, Jan. 30, 2015)]. The full episode is here; the portion including only our interview is included in this podcast feed.

Kinsella on Liberty Podcast, Episode 139.  Albert Lu interviewed me for his Power and Market podcast, posted July 29, 2014. Unlike most interviews, we talked about education, career choices, and related matters. This is an edited version of a longer interview. The longer one can be obtained by requesting access here. Lu's description for the longer interview (which will be posted anon): Interview Highlights In this interview, Stephan speaks directly to prospective law students, internet entrepreneurs, and technology capitalists about the practice of law and the dangerous world of intellectual property. We also took time to discuss his own academic career and his multiple transitions from engineering student, to lawyer, to proprietor and independent scholar. This was a fun interview and reminds me of reason I began this project in the first place.

Kinsella on Liberty Podcast, Episode 139.  Albert Lu interviewed me for his Power and Market podcast, posted July 29, 2014. Unlike most interviews, we talked about education, career choices, and related matters. This is an edited version of a longer interview. The longer one can be obtained by requesting access here. Lu's description for the longer interview (which will be posted anon): Interview Highlights In this interview, Stephan speaks directly to prospective law students, internet entrepreneurs, and technology capitalists about the practice of law and the dangerous world of intellectual property. We also took time to discuss his own academic career and his multiple transitions from engineering student, to lawyer, to proprietor and independent scholar. This was a fun interview and reminds me of reason I began this project in the first place.